Samsung has announced the launch of a private blockchain system to enhance the security of its smart devices. The name of this system is Knox Matrix and it is being introduced as an enhancement by Samsung to its current security settings. The Knox Matrix solution organizes login tasks for all Samsung home devices while connecting them to the network. Meanwhile, the security system will also protect sensitive information flowing through other smart devices.
Samsung Knox Matrix will share login information between all devices connected to the same network and protect devices from unauthorized access.
“Samsung Knox Matrix will act as a user’s private blockchain, where your connected devices enhance security through multi-layered mutual monitoring. Whether your Samsung device is based on Android, Tizen or another operating system, Samsung Knox Matrix will be able to provide a unified security SDK,” the Korean giant said in a statement. official statement.
With the launch of this blockchain security system, SAMSUNG will make the security system on all its devices uniform.
“With Samsung Knox Matrix, we envision that users don’t need to compromise their connection to stay protected. Samsung Knox Matrix is set to provide devices in the user’s ecosystem with fewer vulnerabilities through robust and diverse security approaches,” the company statement added.
Currently, the company has yet to disclose details about the operation and dependence on blockchain of this security system.
Samsung, in recent times, has been experimenting Web3 The sea has many initiatives related to this area.
Since Samsung launched the Galaxy S10, it more support for Bitcoin, Ethereum, ERC tokens, Tron (TRX) and TRC tokens held in its Blockchain Wallet.
Tech giants also allow Galaxy users to discover Decentralized Applications (dApps) uses blockchain technology to authenticate the exchange of digital assets.
Samsung is also rapidly moving towards complete the development of the 3nm minting processor chip, which can facilitate Bitcoin mining.
Follow August ReportSamsung is also exploring the idea of launching an official cryptocurrency exchange in South Korea next year.
